Page 17 - Tata Group

Adani, Tata profit misses add to concern over stock market outlook

Citigroup Inc. and HSBC Holdings Plc are among banks that have cut profit forecasts as the latest earnings from some of India's top firms

Tata Communications, CoRover.ai partner for sovereign AI solutions in India

Both companies will work on citizen-centric applications, digital public infrastructure, and scalable e-governance solutions for both public and private enterprises

This Tata group stock slipped 12% in trade today after posting Q3 results

The revenue of Voltas rose 18.3 per cent to Rs 3,105.11 crore for the third quarter compared to Rs 2625.72 crore in the year-ago period.

Tata Power-DDL secures 17 convictions for power theft in last 9 months

As part of its ongoing crackdown on power pilferage, the Tata Power Delhi Distribution Ltd (Tata Power-DDL) has secured 17 convictions in electricity theft cases between April 2024 and January 2025. The efforts to curb power theft have led to the conviction of 78 people in north and northwest Delhi under Section 135 of the Electricity Act since 2007, with courts imposing heavy fines on offenders, Tata Power Delhi Distribution Ltd (Tata Power-DDL) said in a statement. Taking stringent action against electricity theft, Tata Power-DDL filed criminal cases against offenders in the Special Electricity Court, Rohini. Acknowledging the severity of these cases, the court handed down convictions, reinforcing the discom's commitment to preventing power theft and protecting the interests of law-abiding consumers, the company said. The statement further urged citizens to refrain from illegal activities and report power theft to ensure a fair and stable electricity supply. Tata Power-DDL's Chi

Tata's Jaguar Land Rover plans to raise $500 million through offshore loan

Proceeds raised will partially refinance an existing $800 million loan maturing in January

Raise Budget allocation in upskilling schemes for good workforce: Tata Tech

Ahead of the Union Budget, Tata Technologies on Monday called for increased allocation toward upskilling initiatives aligned with Industry 4.0 to create a future-ready workforce. In order to achieve India's ambitious goals outlined in the roadmap for a USD 5 trillion economy, the budget should prioritise innovation-driven policies, investments in emerging technologies, and the development of products in India, for India and the world, Tata Technologies CEO & MD Warren Harris said in a statement. Key growth drivers such as smart manufacturing, AI, digital transformation, and software-defined vehicles (SDVs) require strong government backing through incentives for R&D, skill development, and infrastructure enhancement, he noted. Outlining the company's expectations from the budget, Harris said,"We recommend increased allocation toward upskilling initiatives aligned with Industry 4.0, creating a future-ready workforce capable of excelling in advanced technologies like AI, IoT, ...

Tata Electronics acquires 60% in Pegatron India, bags iPhone plant

The announcement is coming after the Competition Commission of India (CCI) gave an approval to Tata Electronics to acquire the majority stake in the company

Indian brands sustain momentum in climbing Brand Finance ranking for 2025

The top three Indian brands in the ranking are Tata Group, Infosys, and HDFC Group

Bharat Mobility Global Expo 2025: Tata Motors demerger by mid-FY26

CV division showcases 14 products at Bharat Mobility

IHCL takes Qmin to QSR space, aims to make it a Rs 200-crore brand

Hotels behemoth records 20% rise in PAT and revenue in Q3

Tata Motors integrates artificial intelligence for vehicle safety

Company adopting a comprehensive approach that addresses safety before, during, and after accidents

Tata Group partners with IISc to set up medical school, pledges Rs 500 cr

The Tata Group announced a partnership with the Indian Institute of Science (IISc) to establish the Tata IISc Medical School in the IISc Bengaluru campus. In an MoU signed on January 14, the Tata Group has agreed to contribute Rs 500 crore to support the establishment of the medical school. Speaking on the occasion, N Chandrasekaran, Chairman, Tata Sons said: "Healthcare is one of India's biggest challenges and also one of its greatest opportunities, given the scale at which technology will be able to transform everything from diagnosis to care and community health." He also expressed hope that with time the institute's emphasis on cutting-edge research and global collaboration will create a highly qualified cadre of physician-scientists trained in the latest approaches to modern medicine. "After a century of contributions to science and engineering, we now have a unique opportunity to create new frontiers in medicine," said Prof G Rangarajan, Director, IISc. According to him, The

Tata Electronics captures 26% share of India's iPhone production

During the year, Tata Electronics recorded a 63 per cent increase in direct employment at its iPhone assembly operations, with the workforce expanding to 31,000 from 19,000 in 2023

Tata partners with IISc to set up medical school, to contribute Rs 500 cr

Tata Group on Tuesday said it has partnered with the Indian Institute of Science (IISc) to establish Tata IISc Medical School at the institute's Bengaluru campus and will make a contribution of Rs 500 crore for support. The Tata IISc Medical School will be a centre of excellence that seeks to catalyse a unique model of clinical research and medical education in India, by bringing basic science and engineering to bear on clinical science and practice, the group said in a statement. It will focus on a variety of specialities, including oncology, cardiology, neurology, nephrology, diabetes and metabolic disorders, infectious diseases, integrative medicine, and public health. Under a Memorandum of Understanding (MoU) signed on Tuesday, the Tata Group will make a contribution of Rs 500 crore to support the establishment of the medical school, it said. Tata Sons Chairman N Chandrasekaran said, "Healthcare is one of India's biggest challenges and also one of its greatest opportunities, gi

Titan's bag division eyes Rs 1,000 cr revenue by FY27, plans expansion

Tata Group firm Titan Company Ltd inaugurated its first exclusive brand store, IRTH, under its expansion plans in Chennai and aims to achieve a revenue target of Rs 1,000 crore by FY2027 from its IRTH and Fastrack bags business divisions, a top official said on Wednesday. The company plans to open 100 stores across the country by FY2027, showcasing its commitment to providing customers with best-in-class products and services. The exclusive IRTH store, part of the House of Titan, was inaugurated at Phoenix Market City, Velachery, marking a significant step in IRTH's strategic expansion into South India. IRTH bags are designed for women, created with a deeper understanding of their needs, offering premium quality at an affordable price. The product portfolio includes handbags, totes, shoulder bags, handhelds, slings, cross-body bags, and wallets, among others. Commenting on the occasion, Titan Company Ltd CEO of the Fragrance and Accessories division, Manish Gupta, said, "We are ..

Tata Electronics gets CCI's nod to acquire majority stake in Pegatron India

The Competition Commission of India (CCI) on Tuesday approved Tata Electronics' proposal to acquire a majority stake in Apple's contract manufacturer Pegatron Technology India. Tata Electronics Pvt Ltd (TEPL) is a wholly-owned subsidiary of Tata Sons. TEPL have expertise in manufacturing high-precision components for large customers. The proposed combination envisages TEPL to acquire the majority shareholding of Pegatron India in two tranches, CCI said in a release. TEPL, through Tata Electronics Systems Solutions (formerly known as Wistron Infocomm Manufacturing (India), is also engaged in the provision of electronics manufacturing services (EMS) for smartphones. The fair trade regulator also granted nod to Tata Electronics to transfer the business undertaking of TEL Components, an wholly-owned subsidiary of TEPL, to Pegatron India. "Commission approves the acquisition of certain shareholding of Pegatron Technology India Pvt Ltd (Pegatron India) by Tata Electronics Pvt Ltd (TEPL)

Tata Technologies, Telechips collaborate to make software-defined vehicles

The partnership will leverage Tata Technologies' deep expertise in automotive software engineering and integration of next-gen technologies

Tata Digital enters retail investment with fixed deposits marketplace

Tata Digital on Tuesday announced its foray into the retail investment space with the launch of its fixed deposits marketplace on the superapp Tata Neu. Customers can invest in fixed deposits through the marketplace with leading financial institutions at interest rates of up to 9.1 per cent without the need for a savings bank account, the company said in a statement. "With our fixed deposit marketplace, we aim to democratise access to high-yield, fixed-return instruments from multiple trusted providers. "This simple and secure platform is designed to offer competitive interest rates, empowering both seasoned investors and newcomers to grow their wealth confidently and effortlessly," Tata Digital Chief Business Officer, Financial Services, Gaurav Hazrati said. The company said customers invest as little as Rs 1,000. With bank investments insured up to Rs 5 lakh by the Deposit Insurance and Credit Guarantee Corporation (DICGC), they get safety and complete peace of mind. Customers c

Despite moderation, India will be fastest growing economy: N Chandrasekaran

Tata Group Chairman N Chandrasekaran highlighted three major transitions in the world, including shift to renewable energy, that are moving in line with India's strengths

Tata's qcom enterprise Bigbasket expands offerings, boosts delivery speed

In 2024, Bigbasket Now demonstrated its ability to deliver not only staples but also a wide range of products across categories